Global Non-Life Insurance Rates ‘Plateauing’ but Nat Cat Losses Delay Market Softening November 22, 2024 By L.S. Howard Global non-life premiums are expected to hit a decade-high growth level of 4.3% in 2024, following the repricing of risk...
NAIC Elects New Officers for 2025 November 22, 2024 At the conclusion of its fall national meeting in Denver, the National Association of Insurance Commissioners elected new officers for...
CIAB: All Commercial Lines See Lower Q3 Premium Increases Except Umbrella November 22, 2024 Respondents of a recent survey reported lower premium increases for all lines of business except umbrella during the third quarter....
US Charges Five in ‘Scattered Spider’ Hacking Scheme November 22, 2024 By Jonathan Stempel U.S. prosecutors unveiled criminal charges on Wednesday against five alleged members of Scattered Spider, a loose-knit community of hackers suspected...
New ‘Revolution’ in Firefighting, Crop Protection: Unmanned Helicopters? November 22, 2024 By Michael Casey When Hector Xu was learning to fly a helicopter in college, he recalled having a few “nasty experiences” while trying...
Commercial Lines Profit Growth: Execution Matters More Than Portfolio Mix November 22, 2024 It is “how” commercial lines carriers execute their underwriting strategies, not “what” lines they write that is key to profitable...
NSA Director Wants Industry to Disclose Details of Telecom Hacks November 21, 2024 By Katrina Manson The director of the National Security Agency on Wednesday urged the private sector to take swift, collective action to share...
Allstate October Catastrophe Losses of $286M Include Milton, Helene November 21, 2024 Allstate today said it estimated pretax catastrophe losses of $286 million for the month of October. Losses during October included...
Musk, Ramaswamy Will Lean on Supreme Court Rulings to Cut US Agencies November 21, 2024 Elon Musk and Vivek Ramaswamy said the government efficiency panel that President-elect Donald Trump has named them to lead will...
Blacks and Hispanics Pay More for Auto Insurance. Study Tries to Answer Why. November 21, 2024 By Andrew G. Simpson A new study examining potential unintentional bias in auto insurance finds that while Black and Hispanic drivers pay more than...